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Thursday, April 08, 2021 1:07:34 PM
Top Analyst Reports for Salesforce
By: Mark Vickery | April 7, 2021
Shares of salesforce have underperformed the Zacks Computer Software industry over the past year (+46.7% vs. +49.6%). The Zacks analyst believes that salesforce is benefiting from a robust demand environment as customers are undergoing a major digital transformation.
The rapid adoption of its cloud-based solutions is driving demand for its products. The company’s sustained focus on introducing more aligned products as per customer needs is driving its top-line. Continued deal wins in the international market is another growth driver.
However, stiff competition is a concern. Besides, unfavorable currency fluctuations along with increasing investments in international expansions and data centers are an overhang on near-term profitability.
Read Full Story »»»
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By: Mark Vickery | April 7, 2021
Shares of salesforce have underperformed the Zacks Computer Software industry over the past year (+46.7% vs. +49.6%). The Zacks analyst believes that salesforce is benefiting from a robust demand environment as customers are undergoing a major digital transformation.
The rapid adoption of its cloud-based solutions is driving demand for its products. The company’s sustained focus on introducing more aligned products as per customer needs is driving its top-line. Continued deal wins in the international market is another growth driver.
However, stiff competition is a concern. Besides, unfavorable currency fluctuations along with increasing investments in international expansions and data centers are an overhang on near-term profitability.
Read Full Story »»»
DiscoverGold
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